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Slovakia to acquire CEZ's stake in nuclear company JESS under plan to build new plant

Slovakia to acquire CEZ's stake in nuclear company JESS under plan to build new plant

- Slovak state firm JAVYS and Czech utility CEZ CEZP.PR signed an agreement for the purchase of CEZ's 49% stake in Slovak nuclear energy company JESS.

The deal is a step in the Slovak government's plans to build a new nuclear power unit. Slovakia's government last month approved allocating €189.4 million in funds for the acquisition.


(Reporting by Jason Hovet in Prague, editing by Jan Lopatka)

((jason.hovet@thomsonreuters.com;))

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